Asia G3 issuers back with a vengeance

Stronger market sentiment has encouraged new issuers such as China Aluminum International and New World Development to embark on roadshows.

A slew of G3 bond issuers have surfaced in recent days on the back of improving emerging market confidence, including China Aluminum International Engineering and New World Development.

This week, bond investors continue to cover short positions in the Asian G3 debt market a trend that began last week following an emerging market sell-off post-Chinese New Year and as fears of an accelerated Fed tapering continue to ebb after mixed US data, highlight syndicate bankers.

China Aluminum International Engineering, for example, is the latest to arrange a series of fixed-income investor meetings, starting this week, following in the footsteps of New World Development, which has  organised...

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